Concrete Pumps Market: Technological Advancements And Move Towards Digital World Driving Revenue Growth 2017 - 2026
The global concrete pumps market features an increasingly competitive landscape, notes Transparency Market Research. A majority of shares are in the hands of relatively few players. Numerous engineering companies in the concrete pumps market are launching technologically-advanced concrete pumps solutions. The adoption of these solutions help meet the wide diversity of current as well as emerging needs in the construction industry, especially in emerging industrial nations. Key players looking to expand their production facilities in North America, the Middle East and Africa, and Asia Pacific, in order to consolidate their positions in the concrete pumps market. Some of the leading companies in the global concrete pumps market are Zoomlion Heavy Machinery Co. Ltd, The Liebherr Group, Sany Group, and SCHWING GmbH. The global concrete pumps market stood at US$3.5 bn in 2017 and is projected to clock a CAGR of over 6% during 2017 – 2026. Among the vario...